#CryptoCPIWatch
As of May 13, 2025, the cryptocurrency market is experiencing notable fluctuations ahead of the U.S. Consumer Price Index (CPI) release.
Bitcoin (BTC) is trading at approximately $102,553, reflecting a 2.25% decrease from the previous close. The intraday high reached $105,525, while the low touched $101,065. This volatility is attributed to profit-taking and de-risking activities as investors anticipate the CPI data release .
Ethereum (ETH) stands at around $2,454.15, down 2.87% from the previous close, with intraday movements between $2,425.28 and $2,600.58. The market's cautious stance is influenced by expectations surrounding the CPI report, which could impact monetary policy decisions .
The Crypto Price Index (CPI) token remains inactive, with a current price of $0 and no trading volume reported .
Investors are closely monitoring the CPI data, as it may provide insights into inflation trends and potential interest rate adjustments, thereby influencing cryptocurrency market dynamics.